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| IRAQ: 10 US Contractors Penalized
by Matt Kelley, Associated Press
April 26th, 2004
Ten companies with billions of dollars in U.S. contracts for Iraq reconstruction have paid more than $300 million in penalties since 2000 to resolve allegations of bid rigging, fraud, delivery of faulty military parts and environmental damage. |
| US: Bechtel's 2003 Revenue Breaks Company Record
by David R. Baker, San Francisco Chronicle
April 20th, 2004
Bechtel Corp., the San Francisco engineering giant rebuilding Iraq, today will report record revenue of $16.3 billion in 2003, reversing a three- year slide. |
| Iraq: Companies Wait for the Smoke to Clear
by Tim Webb and Clayton Hirst
April 18th, 2004
Iraq was supposed to provide rich pickings, with billions of dollars' worth of contracts up for grabs. But as kidnappings and killings undermine security still further, Tim Webb and Clayton Hirst ask if the reconstruction effort is about to unravel |
| Iraq: KBR contractors weigh heavy risks
by Jenalia Moreno and Bill Hensel Jr. , Houston Chronicle
April 14th, 2004
For more than a week, KBR officials have tried to prepare new hires like Michael Tovar, 29, for the risks they'll face as contractors in Iraq. |
| Investigation Needed into Bechtel's Failed Water Services
Public Citizen
April 5th, 2004
Bechtel Group Inc., one of the lead contractors in the reconstruction of Iraq, has failed its contractual mandate to develop essential water delivery and sewage disposal, according to information Public Citizen forwarded today to the inspector general of the U.S. Department of Defense (DOD).Without Basic Water Services |
| Iraq: Trade Fair Postponed Over Security Fears
by Joshua Chaffin and Salamander Davoudi, Financial Times
April 1st, 2004
The deteriorating security situation in Iraq has prompted the postponement of a US-led trade fair aimed at accelerating reconstruction in the country amid heightening concerns about the safety of foreign civilians working there. Organisers of Destination Baghdad Expo, that was due to begin on Monday, postponed the event following the gruesome killings on Wednesday of four western contract workers in the city of Falluja. |
| Iraq: Rebuilding Plan Reviewed
by Jackie Spinner and Mary Pat Flaherty, Washington Post
March 31st, 2004
The new inspector general of the U.S.-led interim authority in Iraq reported yesterday that though he is just beginning his own audits of reconstruction spending, he is concerned about the oversight of spending and control of cash.
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| Iraq: Security Pushes Up Contract Costs
by Sue Pleming, Reuters
March 31st, 2004
Soaring security and insurance costs are driving up the price of contracts to rebuild Iraq and more funds may be needed, said a report on Wednesday by the U.S.-led authority's chief inspector in Iraq.
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| Iraq: Parsons Corp. Wins $900 Million Contract
Reuters
March 30th, 2004
California's Parsons Corp., one of the most active U.S. companies in Iraq, said on Tuesday it won a contract worth up to $900 million from the U.S. military for security and justice work in Iraq. The privately-owned engineering and construction company said the latest deal includes the restoration and construction of bases for the Iraqi security forces, police stations, border control stations, fire stations, courthouses and prisons. |
| Iraq: Halliburton Continues to Profit
by Matt Kelley, Associated Press
March 30th, 2004
Halliburton Co. has reaped as much as $6 billion in contracts from the U.S. invasion of Iraq, but improprieties in those military contracts have also given Vice President Dick Cheney's former company high-profile headaches. Pentagon auditors have criticized Halliburton's estimating, spending and subcontracting, and they plan to begin withholding up to $300 million in payments next month. The Justice Department is investigating allegations of overcharges, bribes and kickbacks. Democrats have accused the company of war profiteering. |
| UK: Pentagon Warns British Contractors
by David Gow, Guardian (London)
March 27th, 2004
The Pentagon yesterday warned British firms winning contracts under its $ 18.4bn (£10bn) Iraqi reconstruction programme that they would be thrown out if they failed to give a minimum 10% of the work to US small businesses. |
| Iraq: Violence Slows Bechtel in Iraq
by David R. Baker, San Francisco Chronicle
March 23rd, 2004
Violence has slowed or interrupted work at approximately 10 percent of Bechtel Corp.'s reconstruction sites in Iraq, government and company representatives said Thursday. Two of its subcontractors forced to curtail or suspend operations at hostile sites. |
| US: Carlyle Stands to Profit from Disaster
by David Lazarus, San Francisco Chronicle
March 21st, 2004
The Washington investment firm, run by a who's who of Republican heavyweights, including former Secretary of State James Baker and former Defense Secretary Frank Carlucci, has put money into about 300 different companies and properties.
Those investments include United Defense Industries, a maker of combat vehicles, naval guns and missile launchers; and Sippican, a maker of submarine systems and countermeasures to protect warships |
| UK: Whitehall Warns UK Firms to Stop Sending Workers to Iraq
by Severin Carrell, Tim Webb and Clayton Hirst, The Independent (London)
March 18th, 2004
British businesses hoping to win lucrative deals in Iraq have been told to scrap their plans to travel there because of the escalating violence against Westerners. |
| US: SF Firm Awarded Contract in Iraq
by David R. Baker, San Francisco Chronicle
March 12th, 2004
The Pentagon has begun doling out $5 billion in new contracts to rebuild Iraq, and a San Francisco firm partially owned by Sen. Dianne Feinstein's husband has landed some of the cash. URS Corp. will oversee repairs to Iraq's communications system, hospitals and courthouses under contracts worth a total of $27.7 million.
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| Unearthing Democratic Root to Halliburton Flap
by Al Kamen, Washington Post
March 5th, 2004
Truly there is nothing new under the sun. In recent months Democrats have been bleating about fat Iraq construction contracts going to Halliburton, about Halliburton's ties to the administration because Vice President Cheney happened to run the company just before taking his current job and a shocking GOP tendency to help contributors. |
| Congressional Inquiry Necessary for War Profiteering
Campaign to Stop the War Profiteerers
February 25th, 2004
The Pentagon and State Department criminal fraud investigations of Halliburton concerning their handling of a fuel contract in Iraq are an important first step - but point to the need for bold action on the part of the President and Congress to ensure accountability of military contractors, according to the Campaign to Stop the War Profiteers. |
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